Recovery and Reinvestment Act of 2009
The Recovery and Reinvestment Act of 2009 allows employees who are involuntarily terminated 2012 to pay only 35% of their COBRA health care benefits. The balance is paid by the employer and used as credit against
employment taxes and withholdings payable in the future. For further discussion on benefits and compensation see tax and substantive law, health and savings accounts and noncash compensation.
Conclusion
Notes
See Also
References and Further Reading
About the Author/s and Reviewer/s
Author: international
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